Terraced house for sale

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Terraced house for sale

23 Preston Street, Brighton, East Sussex, BN1 2HN
£225,000

Price History

Initial price £240,000
26/03/25 £225,000
Price Change -6.25%

Description

This property is a freehold mixed-use building in Brighton, comprising a retail unit on the ground and lower ground floors, currently trading as a beauty salon, and residential space on the upper floors, sold off on a long lease. The property offers a gross yield of circa 10.4% and is ideal for investors. The building has a private entrance and the residential space is split-level. The property is located in the seaside resort of Brighton, approximately 47 miles south of London. The auction is scheduled for April 16th, 2025, and viewing is by appointment only.